| 10.06.2011 - Shiller says U.S. home-price declines of 10pct to 25pct ‘wouldn’t surprise me’ |
| Robert Shiller, the economist who co- founded the S&P/Case-Shiller index of U.S. home prices, said a further decline in property values of 10 percent to 25 percent in the next five years “wouldn’t surprise me at all.” “There’s no precedent for this statistically, so no way to predict,” Shiller said today at a conference hosted by Standard & Poor’s in New York...............................................Full Article: Source |